Short Interest in First Trust WCM International Equity ETF (NYSEARCA:WCMI) Declines By 65.0%

First Trust WCM International Equity ETF (NYSEARCA:WCMI) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 162,850 shares, a decline of 65.0% from the April 30th total of 465,346 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 688,023 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of First Trust WCM International Equity ETF

Several large investors have recently bought and sold shares of the company. Daymark Wealth Partners LLC boosted its position in shares of First Trust WCM International Equity ETF by 33.9% in the 4th quarter. Daymark Wealth Partners LLC now owns 145,763 shares of the company’s stock worth $2,479,000 after buying an additional 36,941 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in First Trust WCM International Equity ETF by 114.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 138,739 shares of the company’s stock valued at $2,341,000 after acquiring an additional 74,176 shares in the last quarter. HighTower Advisors LLC raised its position in First Trust WCM International Equity ETF by 44.6% during the third quarter. HighTower Advisors LLC now owns 516,076 shares of the company’s stock worth $8,706,000 after acquiring an additional 159,081 shares during the last quarter. Eastern Bank acquired a new position in First Trust WCM International Equity ETF during the fourth quarter worth about $1,769,000. Finally, Boyer Financial Services Inc. purchased a new stake in shares of First Trust WCM International Equity ETF in the fourth quarter valued at about $1,181,000.

First Trust WCM International Equity ETF Price Performance

First Trust WCM International Equity ETF stock traded up $0.06 during mid-day trading on Friday, reaching $19.16. The company had a trading volume of 619,506 shares, compared to its average volume of 592,662. The stock’s 50-day simple moving average is $18.07 and its 200-day simple moving average is $17.59. First Trust WCM International Equity ETF has a 1 year low of $15.17 and a 1 year high of $19.31. The company has a market capitalization of $1.37 billion, a P/E ratio of 24.74 and a beta of 0.70.

First Trust WCM International Equity ETF Company Profile

The First Trust WCM International Equity ETF (WCMI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of international equity securities of industry leading companies with positive fundamentals. The fund will hold stock or depositary receipts to obtain exposure and pursue long-term growth. WCMI was launched on Mar 31, 2020 and is issued by First Trust.